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Stocks rising, gaining for a third consecutive day. These are all the currencies falling against the dollar, among them the pound. We have bond yields rising. You,corporate news for Jenna Raleigh 2 lower generale 2 lower. What it wants to do is increase efficiency, improve capital risks. Ion, and mitigate generateny plans to one billion euros from disposal and lower operating costs by 200 Million Euros in its mature markets by 2019. European insurers struggling to sustain earnings as investment returns fall and competition puts pressure on prices as well. 2 today. N by the headlines for us at bloomberg, the economy will grow 1. 4 next year. The 2018 forecast is 1. 7 versus 2. 1 . It will increase with an extra 122 billion pounds to be raised compared with1 the march predictions. The government is no longer trying to balance the budget by according to hammond, but he did pledge to balance the books early in the next tenure, in the next parliament. The 10 year yield up by 10 basis points
New-yorkUnited-statesKazakhstanGermanyParisFrance-generalFranceTexasIranWashingtonChinaBeijingWalk us through just how big a deal this merger would happen, and how close the scrutinizing has been. One of the longest deals weve had running. Its been more than the year. It would have been a very big deal. Halliburton and baker hughes were looking to merge to better compete against slumber j which recently acquired cameron. They dont fly. Its been very seldom that a market can be down to a duopoly. Lisa baker hughes shares not moving much. However insurers also not moving that much. Why . This has been dragging on so Long Committee of investors may have already been expecting this. Halliburton and baker hughes have been trying to make concessions, trent to offer up settlement for a long time now trying to offer up settlement for a long time now. Theyre facing regulators in europe and brazil as well. Theyve been trying to make this work, weeks and weve seen halliburton trying to offload a bunch of assets. Antitrust officials will be talking about the global reach. It is a huge deal
New-yorkUnited-statesQatarUgandaJapanGermanyAfghanistanIranBrazilChinaBursaTurkeyYuck it is on the way. That means its going to give us some trouble on the roads. We will have more on that in this busy hour. Meanwhile, we start with a shot across the bow of American Parents saving for college. Sue, fill us in bl. Thats indeed the case, and it is a big shocker for a lot of people out there. President obama proposing major changes to those 529 College Savings plans. John harwood is in washington to explain why and get to him in just a moment. First we get to sharon eperson with some of the details on that. Hi, sue. The changes are of interest of millions of families whose College Savings strategy could be affected. The 529 plans, both College Savings plans and prepaid tuition plans, have grown sharply in the past decade. There are over 12 million accounts in circulation with an estimated 240 billion in total assets at the end of last were. Thats according to strategic insight. Now, about seven million families have 529 plans, and they find the most attractive for thi
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